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Bold inflation and interest rate prediction
Published 3 years, 9 months ago
Description
FNB Wealth and Investments’ Wayne McCurrie predicts that inflation is going to plummet by the end of 2023, surprising virtually everyone.
The South African Reserve Bank’s (SARB) Monetary Policy Committee (MPC) increased interest rates by 25 basis points (bp) in January 2023, taking the country’s repo rate to 7.25%.
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